APERC withdraws GBI and moves towards competitive bidding process

The Andhra Pradesh Electricity Regulatory Commission (APERC) has withdrawn the generation-based incentive (GBI) offered to wind energy generators in the state. This is a result of the curtailment of the enforcement period of the wind tariff order, 2015. The order will be ineffective from April 1, 2017. According to the APERC, the discoms can now procure wind power through competitive bidding.